| Product Code: ETC12647590 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s import shipments of LED drivers in 2024 continued to be dominated by key exporting countries such as the USA, Trinidad and Tobago, UK, China, and Ireland. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a very high level of concentration among these top exporters. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the industry experienced a notable growth spurt in 2024 with a growth rate of 13.08% compared to the previous year, suggesting potential opportunities and market dynamics at play in the LED drivers sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada LED Drivers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LED Drivers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LED Drivers Market - Industry Life Cycle |
3.4 Grenada LED Drivers Market - Porter's Five Forces |
3.5 Grenada LED Drivers Market Revenues & Volume Share, By Driver Type, 2021 & 2031F |
3.6 Grenada LED Drivers Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Grenada LED Drivers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada LED Drivers Market Revenues & Volume Share, By Lighting Type, 2021 & 2031F |
3.9 Grenada LED Drivers Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada LED Drivers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada LED Drivers Market Trends |
6 Grenada LED Drivers Market, By Types |
6.1 Grenada LED Drivers Market, By Driver Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada LED Drivers Market Revenues & Volume, By Driver Type, 2021 - 2031F |
6.1.3 Grenada LED Drivers Market Revenues & Volume, By Constant Current Drivers, 2021 - 2031F |
6.1.4 Grenada LED Drivers Market Revenues & Volume, By Constant Voltage Drivers, 2021 - 2031F |
6.1.5 Grenada LED Drivers Market Revenues & Volume, By Dimmable LED Drivers, 2021 - 2031F |
6.1.6 Grenada LED Drivers Market Revenues & Volume, By Programmable LED Drivers, 2021 - 2031F |
6.1.7 Grenada LED Drivers Market Revenues & Volume, By Wireless LED Drivers, 2021 - 2031F |
6.2 Grenada LED Drivers Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada LED Drivers Market Revenues & Volume, By Less than 10W, 2021 - 2031F |
6.2.3 Grenada LED Drivers Market Revenues & Volume, By 10W to 50W, 2021 - 2031F |
6.2.4 Grenada LED Drivers Market Revenues & Volume, By 50W to 100W, 2021 - 2031F |
6.2.5 Grenada LED Drivers Market Revenues & Volume, By Above 100W, 2021 - 2031F |
6.2.6 Grenada LED Drivers Market Revenues & Volume, By Variable Output, 2021 - 2031F |
6.3 Grenada LED Drivers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada LED Drivers Market Revenues & Volume, By Residential Lighting, 2021 - 2031F |
6.3.3 Grenada LED Drivers Market Revenues & Volume, By Commercial Lighting, 2021 - 2031F |
6.3.4 Grenada LED Drivers Market Revenues & Volume, By Industrial Lighting, 2021 - 2031F |
6.3.5 Grenada LED Drivers Market Revenues & Volume, By Automotive Lighting, 2021 - 2031F |
6.3.6 Grenada LED Drivers Market Revenues & Volume, By Architectural Lighting, 2021 - 2031F |
6.4 Grenada LED Drivers Market, By Lighting Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada LED Drivers Market Revenues & Volume, By LED Bulbs, 2021 - 2031F |
6.4.3 Grenada LED Drivers Market Revenues & Volume, By LED Strips, 2021 - 2031F |
6.4.4 Grenada LED Drivers Market Revenues & Volume, By LED Panels, 2021 - 2031F |
6.4.5 Grenada LED Drivers Market Revenues & Volume, By LED Streetlights, 2021 - 2031F |
6.4.6 Grenada LED Drivers Market Revenues & Volume, By LED Spotlights, 2021 - 2031F |
6.5 Grenada LED Drivers Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada LED Drivers Market Revenues & Volume, By Residential, 2021 - 2031F |
6.5.3 Grenada LED Drivers Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.5.4 Grenada LED Drivers Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5.5 Grenada LED Drivers Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.6 Grenada LED Drivers Market Revenues & Volume, By Aerospace, 2021 - 2031F |
7 Grenada LED Drivers Market Import-Export Trade Statistics |
7.1 Grenada LED Drivers Market Export to Major Countries |
7.2 Grenada LED Drivers Market Imports from Major Countries |
8 Grenada LED Drivers Market Key Performance Indicators |
9 Grenada LED Drivers Market - Opportunity Assessment |
9.1 Grenada LED Drivers Market Opportunity Assessment, By Driver Type, 2021 & 2031F |
9.2 Grenada LED Drivers Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Grenada LED Drivers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada LED Drivers Market Opportunity Assessment, By Lighting Type, 2021 & 2031F |
9.5 Grenada LED Drivers Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada LED Drivers Market - Competitive Landscape |
10.1 Grenada LED Drivers Market Revenue Share, By Companies, 2024 |
10.2 Grenada LED Drivers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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